Factors that affects the value of bitcoin...

[superstarbtc]

most important factor that effort bitcoin is the news related to government agencies take action on cryptocurrency exchange and hacking news

[Realistmoon]

Level of demand. At present demand of bitcoin is based on the exchange trading. We need to start significant trading of goods and service that to go beyond is it.

[Altf4]

The value of bitcoin that make it high and low in the market ,it is because the volatility characteristics of cryptocurrency, but there are factors for this vomatility ,it maybe the supply and demand of that certain coin ,exactly the bitcoin when their is much selling the supply is many causing the the low of value , but when holders of coins do not sell their coins so lower supply and the value rose higher.

[Dejech19]

The value of bitcoin that make it high and low in the market ,it is because the volatility characteristics of cryptocurrency, but there are factors for this vomatility ,it maybe the supply and demand of that certain coin ,exactly the bitcoin when their is much selling the supply is many causing the the low of value , but when holders of coins do not sell their coins so lower supply and the value rose higher.

Actually there are lots of factors that affects the value of bitcoin, one of those are the number of investors invested and the number of people who stop investing. It is a matter also to supply and demand in crypto currency market.

[Okrah]

Hey guys,  i need some suggestions and opinions about this.

A lot of factors that can affect the bitcoin price, like the issues of banning cryptocurrency in some other country,  the fake news spreading by the social media. Fear Uncertainty Doubt and some othe big whales who want to manipulate the bitcoin price in the market. This are main elements why bitcoin incounter this affect.

[brontosaurus]

1. The supply and demand of Bitcoin affects the price of Bitcoin greatly. The increase in demand cause prices to rise and vice-versa.
2. The regulations enforced by government or their view upon it.
3. The news regarding Bitcoin in the market. Negative or positive publicity. Media also has a great influence.
4. Last, the community supporting or behind Bitcoin.

[futuret]

most important factor that effort bitcoin is the news related to government agencies take action on cryptocurrency exchange and hacking news

Of course the government behavior towards the crypto currencies can affect the values of Bitcoin. The price stability in the market also plays an important role in the price fluctuation. The market demand may also rise or fall due to any reason and is a main reason why the prices are so volatile. There are also the price manipulators in the market. These whales and sharks really have the power to manipulate the crypto market.

[Sergio444]

A lot of factors affect bitcoin value. criticism from great governments and other great people who sees bitcoin as a threat to their economy, whale members, fake news about bitcoin, demand and supply. All these factors come to play to affect the value of bitcoin. I will term it as co-factors or multiple factors.

[sigam batat]

There may be several factors that affect the value of this bitcoin example such as positive and negative reporting, banning or endorsement in some countries, if often in negative news then the price of this bitcoin will go down and also the bitcoin price is determined by the supply of bitcoin available.

[Boldcom]

Hey guys,  i need some suggestions and opinions about this.

Why Bitcoin Value Fluctuates? Factors that affect Bitcoin also have an impact on other currencies. The main reason for the fluctuation of Bitcoin is due to the stage that it is in. Currently, the coin is still in the development and nascent stage. Too many rumors exist around how legal the currency is. The common citizen is learning about the existence of the currency. Presently, the digital currency can be compared to a young child growing up; it becomes hard to determine the growth pattern of the child until they reach a certain stage of maturity. In the short term, though, there are plenty of factors that contribute to the fluctuation of Bitcoin value.

[jojowar]

For me, one of the factor that affects the value of bitcoin is the false informations that social media created regarding bitcoin. These may affect those potential investors who wants to invest in bitcoin.

[cryptogirlboss]

Many many factors and at the same time, making it very hard to predict any major movement:

-news (true and fake ones)
-market movements
-new cryptos
-government policies
-social trends

Also stuff that we are not aware and behind the scene massive manipulations!

[Lorence.xD]

according to my personal observations, the most affecting the price of bitcoin is the media, information.
if the media preach bad about bitcoin then bitcoin will go down. and vice versa.

That's correct. Tweets from famous people, leaked information, FUD (like the one about a ban in Korea). We're lacking real investigative journalism, one that doesn't follow news without confirming. Every crypto news site wants to be the first and publishes information based on hearsay and info copied from other sites.
People are so afraid of crypto being squashed by governments that they're overreacting every time FUD gets published. We are already in such a face of overreaction and mark my words, if BTC goes below 6000 USD it's going to be a parade of suicidal crybabies on the forum again.

There are a lot of factor indicators that affect the Bitcoin price value in the market, Yes, bad news or good news affect the market on crypto currency in the trading, anything about Bitcoin related news posted in social media crypto currency market trading reacts, the price value may goes down or goes up if the posted news is more favorable to the investors,but still, let's not forget that with good fundamentals, stable market value, and with the growing interest of new investors for Bitcoin, at least Bitcoin remain on top of among all the ALT coin.

[Yara1]

Many factors affect the price of bitcoin but the major one is bad news or wrong speculation. Governmernment policies and intentions to control and regulate Bitcoin. Take for instance Indian central bank that instructed all the banks in India stop transaction of all cryptocurrencies. Oversupply or surplus bitcoin in the market etc

[Xenoph0bia]

I think the main factor which affects the value of bitcoin is how widely is the coin getting accepted in the financial market. More acceptance means more demand for the coin. Also, rules and regulations made by the government have a major impact on the coin's market value.
Another factor which influences the coin's value is the competition it faces from the coins which have emerged.
Also social trends are important. Whether the coin is showcased in a positive or negative light has a major impact.

[redsun114]

Hey guys,  i need some suggestions and opinions about this.

The price of bitcoin is being moved by the rate of demand and supply. The bigger the supply, the lesser the price would be  and the lesser the supply , the bigger the price will go (so that means there is a bigger rate of demand). By the way, it’s been a long time since I started seeing this topic, I don’t know why people keep on repeating it in this forum, it is very boring like seriously. Instead of asking such questions, why not search for it?

[Arkham Knight]

Hacks are the most common factor to blame that affect bitcoin.  A lot of investors lose confidence in the market and the trust in exchanges and it's very hard to make them come back. Because in one exchange, hackers can take millions of dollars to dump the price of bitcoin easily.

[teleskopta]

Many factors in our way because the volatility value of bitcoin may affects of all users who invest in bitcoin then all of its issues that surround so you can do now is think more positive about it.

[RKSummer]

Hey guys,  i need some suggestions and opinions about this.

Fake news, hacks and illegal activities are the reasons why people are losing their trust and interest in bitcoin that is why the value gets low.
Another one is the government regulation in bitcoin. When a government imposes a ban or restriction on the Bitcoin use, there is a big change in the price.
Popularity and benefits given by bitcoin are the factors that makes the value goes up.

[Tirexico]

the factors that influence the value of bitcoin are numerous :
1. Volume And Distribution of Bitcoin
If many people buy Bitcoin in large quantities, of course the price will rise sharply. In contrast, the value of Bitcoin may decline if many of its owners sell in large quantities.
Bitcoin volume is not much and circulation is uneven, so the movement of Bitcoin is very sensitive to the actions of its holders.

2.Trader Speculation
the number of Bitcoin users who make it a trading asset more than those who actually use it as a medium of exchange.

3.Fraud Mode Involving Bitcoin
Because of its large potential, many parties are not responsible then make Bitcoin as a new object of fraud involving investors. They will persuade potential investors to entrust their Bitcoin with the lure of being able to grow profit on a regular basis.